Our Process

Why purchase a granny flat?

The term “granny flat” is often mistaken as being just that, a small home for your granny! But now days there are many different reasons why people choose to build a granny flat on their property. A granny flat is a very cost effective alternative for a 2nd dwelling. The uses for a granny flat are endless and can adapt to your lifestyle as it changes. It may start off being a space to run your home business and then turn into a retreat for your teenage children. Once they move out, it could be the perfect place for your elderly parents to live rather than a nursing home. No matter what the reason, a granny flat is a worthwhile, versatile and profitable addition to any home.

Retirees or Elderly Care

A lot of “empty nesters/retirees” who absolutely love their neighborhood but don’t need the great big home any more choose to build a granny flat on their land.

This means they can stay living where they love in a new, modern and low maintenance home but best of all they can reap the great financial rewards from renting out their other home.

Caring for a loved one with a sickness or disability in your own home can be very demanding. As much as you love them and want to care for them it can put an incredible strain on the relationship. If your loved one moves in with you it may mean that you have to modify your own home to suit their special needs which sometimes isn’t what you really want. A granny flat gives you the convenience and peace of mind of having your loved one close by without encroaching on your own space, but most importantly it will give them a feeling of independence and they have their own sanctuary.

Investment

Two income streams from a single property is surely better than one, and the humble granny flat is providing attractive cash flow for many savvy investors.

A standard granny flat costing around $100,000.00 to build will most likely fetch around $250.00 per week rent which equates an attractive yield of 13%. With the cost of living constantly rising, a second income will never go astray.

With the shortage of affordable housing in most areas of Australia, you will always be able to collect rent from your granny flat if you desire or you can move into the granny flat yourself and rent out your home. There is nothing to lose on an investment property with 2 sets of income it can only be a positive thing.

Teenager Retreat

As children get bigger they get noisier and crave for more independence, privacy and a space of their own. A granny flat is the perfect solution for big kids to move out of the house without leaving home.

Years later if the children ever leave home the granny flat can always be rented out for another source of income. It is a very good feeling to know that you can house your children and loved ones in times of need.

Home Business / Studio

Operating a home based business is a growing trend as there are so many personal and financial benefits besides just saving on rent.

Many small business owners know how expensive the rent plus out goings are on a commercial premises which can make it near impossible for a business to make a profit. By building a granny flat / studio on your own land you are not paying your land lords mortgage for them but you are substantially increasing the value of your own home.